
DECIBEL THERAPEUTICS INC (DBTX) Technical Analysis
NASDAQ:DBTX • US24343R1068
Current stock price
DBTX Technical Rating and Analysis
Overall DBTX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, DBTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, DBTX did better than 91% of all other stocks.
- DBTX is one of the better performing stocks in the Biotechnology industry, it outperforms 76% of 517 stocks in the same industry.
- DBTX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so DBTX is performing more or less in line with the market.
- DBTX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
DBTX Weekly and Daily overview Charts
DBTX Setup Rating and Analysis
DBTX has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
DBTX Support and Resistance Analysis
1.99
We found 5 important support areas.
- A support zone ranging from 4.90 to 4.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.25 from a trend line in the weekly time frame.
- A support zone ranging from 2.96 to 3.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.58 from a trend line in the daily time frame.
- Support @2.01 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.05 to 5.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
DBTX Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DBTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DBTX is up. |
| ChartMill Relative Strength | 91.28 | POSITIVE | DBTX has a high relative strength, it outperformed 91.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of DBTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DBTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DBTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.68 | NEUTRAL | The RSI value for DBTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests DBTX has a negative trend. |
| Stochastics (14,3) | 20.2 | NEUTRAL | The Stochastics value for DBTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.22 | MEDIUM VOLATILITY | The ATR as a percentage value for DBTX suggests some volalility. |
| Average Directional Index/ADX (14) | 32.06 | POSITIVE | The high ADX value value for DBTX suggests a strong trend. |
DBTX Chart- and CandleStick Pattern Analysis
DBTX Technicals: Chart, Performance Metrics, Trend & Indicators
4.91
-0.04 (-0.81%)
DECIBEL THERAPEUTICS INC / DBTX TA FAQ
Can you provide the ChartMill technical rating for DECIBEL THERAPEUTICS INC?
ChartMill assigns a technical rating of 8 / 10 to DBTX.
What is the current trend direction of DECIBEL THERAPEUTICS INC (DBTX) stock?
The current trend direction for DECIBEL THERAPEUTICS INC (DBTX) is Bullish.
Can you provide the RSI signal for DECIBEL THERAPEUTICS INC?
DECIBEL THERAPEUTICS INC (DBTX) has an RSI value of 51.682. This indicates that the stock is currently neutral.
What is the short term momentum for DECIBEL THERAPEUTICS INC (DBTX) stock?
The short term momentum for DECIBEL THERAPEUTICS INC (DBTX) is positive.
Can you provide the buy/sell signal for DECIBEL THERAPEUTICS INC?
The buy/sell signal for DECIBEL THERAPEUTICS INC (DBTX) is buy as both the short term and long term trends are positive.